On Tuesday, Shares of AES Corp (NYSE:AES), lost -2.75% to $9.54.
The AES Corporation, declared the first deployment of AdvancionTM 4, the next generation of battery-based energy storage, at the Warrior Run facility in Cumberland, Maryland. Advancion is a complete, battery-based alternative to peaking power plants that provides a dependable, smart and cost-competitive means to modernize power systems.
Advancion 4 is among the most proven energy storage platforms available, resulting from AES’ more than eight years of commercial experience operating grid-connected energy storage. This latest design comprises improvements in the architecture that provide the highest levels of reliability, upgrades to the already proven controls platform, and a modular design to drive down the upfront and on-going costs of these advanced storage assets for customers.
“Advancion 4 was developed to address the challenges faced in owning and operating the largest fleet of advanced battery-based energy storage projects,” said John Zahurancik, President of AES Energy Storage. “AES has a history of providing our customers with innovative solutions, and Advancion 4 raises the bar, as it delivers the highest reliability, has the lowest total cost of ownership, and is available to utilities, developers and power system operators to own directly or through a managed service contract.”
The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries.
Shares of Dow Chemical Co (NYSE:DOW), remained flat at $51.65, during its last trading session.
The Dow Chemical Company, declared that six of its latest innovations have been named to R&D Magazine’s prestigious 2015 R&D 100 Awards. Additionally, one new product, PURNIZETM Ultra Filtration Module, received special recognition in the Green Technology category.
Often referred to as the “Oscars of Innovation,” the annual R&D 100 Awards event held at Caesar’s Palace in Las Vegas celebrates the most noteworthy technology inventions of the past year. With twenty-one total finalists, Dow was once again highlighted as a leading innovator, having the greatest number of finalists and winners of any single developer. A wide range of solutions were recognized, from more sustainable electronics, to innovative packaging, to water-efficient appliances, to infrastructure solutions and breakthroughs that improve safety and fuel efficiency in motor vehicles.
The Dow Chemical Company manufactures and supplies products that are used primarily as raw materials in the manufacture of customer products and services worldwide. It operates through Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals, and Performance Plastics segments.
Finally, Shares of Praxair, Inc. (NYSE:PX), ended its last trade with -2.21% loss, and closed at $113.41.
Praxair, declared that the company has been named to the 2015 CDP S&P 500 Climate Disclosure Leadership Index (CDLI) with a perfect score of 100. This marks the eighth successive year Praxair has received this honor, recognizing the company’s long-standing commitment to growth through resource productivity and environmental innovation. Praxair also received an A- for performance on the Carbon Disclosure Performance Index and its overall score was the highest among industrial gases companies worldwide.
“Through their actions, Praxair employees around the world are delivering on our mission of making our planet more productive,” said Praxair Chief Sustainability Officer Dr. Riva Krut. “Our employees are continuously developing applications and technologies that improve our customers’ environmental performance. Simultaneously, they are driving results through Praxair’s sustainable development program, delivering savings and reductions in our own environmental resource intensity.”
In 2014, Praxair implemented projects that, among other benefits, avoided emissions of 450,000 metric tons of CO2e and saved 600,000 MWh of electricity, which contributed to Praxair’s operating results.
Praxair, Inc. produces, sells, and distributes atmospheric, process, and specialty gases, in addition to surface coatings in North America, Europe, South America, and Asia. The company offers atmospheric gases, such as oxygen, nitrogen, argon, and rare gases; and process gases comprising carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.